Premium Land in Central Box Hill
Savills is delighted to offer for sale this prime landholding at 500 Station Street, Box Hill. The property offers an exceptional opportunity to acquire a significant corner landholding with rezoning potential (STCA), within the heart of Box Hill. The site is situated within a highly sought after location close to ample retail amenity and public transport options.
Key attributes of this outstanding property include:
- A prime corner landholding of 1,090sq m*
- Potential rezoning opportunity (STCA) providing incredible upside
- A strategic Box Hill location on a high profile corner, within Melbourne’s most active and robust markets
- Short term holding income of $62,925*per annum
Box Hill’s booming population is expected to increase by another 10,000* people over the next 20 years, underpinning the significant growth and demand for townhouses/apartments in the area
- The property occupies a superb position within the heart of Box Hill, and is in direct proximity to Box Hill Central Shopping Centre, Box Hill Train Station, Box Hill Institute, the hospital precinct and Box Hill Gardens
- An ideal land banking opportunity with incredible future redevelopment potential (STCA)
The chance to secure a prime corner allotment, in such an outstanding location with significant upside is extremely rare and we encourage prospective purchasers to actively consider this opportunity.
500 Station Street, Box Hill is For Sale by Public Auction on Thursday 31 August at 12pm onsite.
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Remember to mention you found this property on DevelopmentReady
